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Length of Boat Loans. Fixed rate boat loan terms are available from 15, 20 years, the terms available are based on the amount you are looking to borrow. The rate of your boat loan is determined by many key factors outside of your credit score.
) A commercial keelboat could be between forty and eighty feet long, with a beam of seven to ten feet, a draft of about two feet. It typically had a rather flat bottom, usually built on an interior rather than an exterior keel, to make it easier to drag or pole over shoals and sandbars.